3000 Valencia RdTucson, AZ 85706

Property Details for 3000 Valencia Rd

Year built

1985

Construction

STEEL FRAME

Lot size

1.65 AC

Property type

Warehouses

APN

140-42-008A

APU

14042008A

Description

Valencia Tech Park, located at 3000 E Valencia Rd, Tucson, AZ 85706, offers a diverse range of commercial spaces for lease. This 90,000 square foot multi-tenant property features a blend of executive office and flex space, catering to various business needs. Currently, 14,902 square feet are available, with individual spaces ranging from 8,930 to 43,560 square feet. The property is zoned P-1 and I-1, allowing for flexibility in permitted uses. Ample parking is provided, with a ratio of 3.3 spaces per 1,000 square feet. The property's convenient location in Pima County offers easy access to major transportation routes. Beyond the standard office and flex spaces, there are also pad sites available for build-to-suit (BTS) lease or ground lease opportunities. These pad sites offer a unique chance to develop a property tailored to specific business requirements. The existing flex spaces include convenient at-grade roll-up doors, enhancing functionality and accessibility. This property presents a compelling opportunity for businesses seeking versatile and well-located commercial space in Tucson, Arizona.

• CAP approach

  CAP return

  Valuation

  6%

  $24,340,400

  6.5%

  $22,468,100

  7%

  $20,863,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,107,200

  Geo Method

  $19,107,200

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $11,006,400

  Mixed-Use / Specialty

  $10,561,200

  Hospitality / Lodging

  $7,219,900

  Office

  $10,075,600

  Institutional / Educational

  $10,834,300

  Residential Income

  $12,676,100

  Multifamily

  $17,453,500

  Automotive / Energy

  $9,286,550

  Parking / Income-Based Land

  $3,605,730

  Restaurant / Food Service

  $4,626,610

  Healthcare / Senior Housing

  $11,246,600

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.1327

Longitude

-110.929

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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